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Monday November 23, 2009

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Near Rational Wage and Price Setting and the Long Run Phillips Curve

Macroeconomics, Unemployment, Inflation, U.S. Economy, Labor

George A. Akerlof, Nonresident Senior Fellow, Center on Social and Economic Dynamics
George L. Perry, Senior Fellow, Economic Studies
William T. Dickens, Nonresident Senior Fellow, Economic Studies

The Brookings Institution